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Global drugs firm in strategic expansion to Nigeria

19 November 2015, 08:45Okoro Chinedu

Lagos – Merck, the international pharmaceuticals company, said setting a base in Nigeria had put in good stead to expand to grow its market share in the West African region.

The company, which is also a science and technology company, announced the opening of Nigeria office on Wednesday.

“Nigeria is an evident choice for us. With a population that is known for its entrepreneurial spirit and innovative ideas, this is a perfect match with Merck,“ said Stefan Oschmann, Chief Executive Officer-elect.

“Nigeria, Africa’s largest economy, has one of the fastest growing economies in the world," said Oschmann.

The company believes through its high quality and innovative healthcare andlife science speciality products and services, it could contribute to that growth.

Also Read: S.Africa's MTN says Nigeria approves licence renewal

Besides a presence through its products, the company has been working closely with the Nigerian government and international organizations to increase access to health solutions in Nigeria.

Together with the Federal Ministry of Health, Merck recently organised a panel discussion that focussed on the role the private sector could play in helping countries like Nigeria accelerate progress on Universal Health Coverage.

It also took a closer look at the challenges of scaling up and sustaining public-private partnerships and private-private partnerships that seek to improve access to affordable and quality care.

Furthermore, as part of its commitment to improving access to healthcare in developing countries, the company is supporting the World Health Organisation (WHO) in the fight against schistosomiasis in Africa. 

- CAJ News


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